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Lawmakers seek to tap Malampaya fund to pay for Napocor debts

Power rates may go down if the Malampaya fund is used to pay for the massive debts of the National Power Corporation. But as this report tells us, a key difference remains between the House and Senate bills proposing the measure. – Business Nightly, ANC, February 14, 2019 https://news.abs-cbn.com/video/business/02/15/19/lawmakers-seek-to-tap-malampaya-fund-to-pay-for-napocor-debts

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CONSUMER GROUP URGES THE ENERGY DEPARTMENT AND ERC TO BE READY FOR SCHEDULED AND UNSCHEDULED SHUTDOWNS THIS SUMMER.

Amidst the power rate hike announced by Meralco last week , the  consumer group , Laban Konsyumer Inc. suggested that “more capacity or supply should bring down power rates for consumers. If we do not address  this problem now, distribution utilities will be forced to buy higher priced alternative fuel for power. If there is […]

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Sword of Damocles

A RECOMMENDATION of the Department of Energy (DOE) to revoke the franchises of some electric cooperatives has caused an uproar among industry stakeholders, particularly the 17 ECs cited by the agency. The DOE’s move, however, was viewed as a wake-up call to ailing cooperatives that continue to deliver poor services. “It’s more of a wake-up […]

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Consumer group seeks transparency in power rate adjustments

MANILA — Consumer group Laban Konsyumer, Inc. (LKI) is asking the Energy Regulatory Commission (ERC) to be more transparent in its decision-making regarding power rate adjustments while at the same time ensuring that such price changes are in compliance with government guidelines. LKI President Victorio Mario Dimagiba said the group has proposed to the ERC that […]

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Smart meters may kaakibat na taas-singil sa kuryente: ERC

Gusto munang pag-aralan ng Energy Regulatory Commission (ERC) ang panukala ng Manila Electric Company (Meralco) na palitan ng smart meters ang mga kasalukuyang metro na ginagamit ng mga kostumer ng electric power distribution company. Mayroon daw kasing kaakibat na dagdag-singil sa kuryente ang pagpalit ng mga metro sa smart meters, ayon kay ERC Spokesperson Rexie […]

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Bakit Meralco lang? Consumer group says ERC, NGCP, sport market should be more transparent with pricing

Consumer group Laban Konsyumer, Inc. (LKI) is asking the Energy Regulatory Commission (ERC) to be more transparent in its decision-making regarding power rate adjustments while at the same time ensuring that such price changes are in compliance with government guidelines. LKI President Victorio Mario Dimagiba said the group has proposed to the ERC that it […]

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Inflation eases to 4.4% in January

The rate of increase in consumer prices continued its downward trend in January as the imple­mentation of higher taxes on petroleum goods was outweighed by the softening prices of food in the local market along with cheaper global cost of oil that dragged down transportation expenses. Based on the latest consumer price monitoring by the […]

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Tariff Commission to summon DTI over cement duties

THE Tariff Commission will ask the Department of Trade and Industry (DTI) to explain the imposition of tariffs on imported cement and explain to those opposing the measure the need to implement duties. The move was an apparent reaction to the request of Laban Konsyumer, Inc. (LKI) and cement manufacturers, who questioned the DTI for […]

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Cement safeguard impact to be probed

The Tariff Commission (TC) is set to probe the potential impact on the market of the safeguard duties on cement. An ocular inspection has been scheduled by the TC for February 18 to April 15 in line with concerns over safeguard duties endorsed by the Department of Trade and Industry (DTI) to the commission. The […]

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Consumer group seeks suspension of safeguards

Consumer group Laban Konsyumer Inc. (LKI) has asked the Tariff Commission (TC) to order the suspension of the implementation of the provisional safeguard measure on imported cement by February 9 when the additional tariff shall have taken effect. LKI president Vic Dimagiba  said he has asked the body to stop implementing the order of the […]